is a Brazilian restaurant chain created in 2005, focused on hamburgers and meat dishes. With more than 140 stores located across 18 states in Brazil, the company founded by Junior Durski
aims to raise around US$715 million, being valued at approximately US$2.4 billion, according to Bloomberg
Following Shake Shack's example
, an American fast food chain that went public on NYSE in 2015, Junior Durski is confident about Madero's IPO happening in 2020. The company's investors include Carlyle Group, that recently acquired 22.3% of the business in 2018, and Luciano Huck, a Brazilian TV host.
If you are interested in selling or buying Madero
stock when it becomes available, you will be able to do so with the Passfolio app. You won’t need thousands of dollars to do it - you can start with only $1
, because we let our users purchase fractional shares!²